What to Look for When Hiring Workday Accounting Staff

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What to Look for When Hiring Workday Accounting Staff

Table of Content

Introduction

In today’s dynamic business landscape, the role of Accounting teams has evolved beyond traditional functions to become strategic partners in organizational success. As businesses increasingly rely on the Workday Financial Management platform to drive efficiency and insight, the demand for skilled Workday Accounting Staff has surged. However, amidst the myriad of recruitment agencies, finding a trusted partner capable of swiftly delivering quality candidates remains a challenge.
At VALiNTRY, we recognize the complexities businesses face in sourcing top-tier Workday Accounting specialists. With over a decade of dedicated experience in Workday Financial Management recruitment, we excel in promptly providing exceptional candidates, typically within 48 hours. But before you decide to start hiring your next Workday Accounting Staff, let’s talk a little bit about what they do and the skills they should have.

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Key Points:

● Workday Accounting Staff analyze financial data, ensure regulatory compliance, foster cross-functional collaboration, and drive continuous improvement in accounting processes.
● Workday Accounting talent should possess technical proficiency in Workday Financial Management, change management abilities, a commitment to learning, strong collaboration skills, and effective problem-solving and communication capabilities.
● Hiring Workday Accounting Staff entails developing a clear candidate profile, crafting skill-focused job descriptions, utilizing pre-screening tools, conducting comprehensive interviews, and selecting candidates based on qualifications and cultural fit.

● VALiNTRY leverages nearly 40 years of Finance & Accounting recruiting experience and over a decade in the business of finding qualified Workday Accounting talent to deliver personalized Workday Accounting talent acquisition solutions.

What Do Workday Accounting Staff Do?

Workday Accounting Staff are indispensable members of finance teams, entrusted with a multitude of responsibilities leveraging the Workday Financial Management platform. Their duties include:

Generating Insights for Informed Decision-Making

By meticulously analyzing financial data, Workday Accounting Staff unearth valuable insights crucial for strategic decision-making. From identifying emerging trends to projecting future financial outcomes, their analytical prowess empowers organizations to stay ahead in a competitive landscape.  

Ensuring Regulatory Compliance and Risk Management

Amidst evolving regulatory landscapes, Workday Accounting Staff possess a deep understanding of financial regulations and standards. They navigate complex compliance requirements, ensuring adherence to laws governing financial reporting and transparency. Additionally, they proactively assess and mitigate financial risks, safeguarding the organization’s assets and reputation.  

Facilitating Cross-Functional Collaboration

Workday Accounting Staff play a pivotal role in fostering collaboration across functional areas. Acting as liaisons between Finance and other departments, they facilitate communication and collaboration to achieve common objectives while addressing individual team needs.  

Driving Continuous Improvement and Innovation

Workday Accounting Staff should serve as experts in not only the latest laws and rules around accounting, but also in the newest Workday Financial Management functionalities. Leveraging this knowledge, they spearhead initiatives to enhance organizational efficiency and foster a culture of continuous improvement.  

What Skills Do Workday Accounting Staff Need?

What Skills Do Workday Accounting Staff Need?
Workday Accounting Staff often possess a combination of technical skills, functional knowledge in HR or finance, and expertise in Workday modules and functionality. However, there are broad-based skills each Workday Accounting Specialist should possess to ensure they are equipped with the necessary skills and knowledge to create success for your organization. These include:  

Technical Skills

Workday Accounting Staff should have in-depth knowledge and expertise in the Workday platform overall. They should understand the Financial Management functionalities, modules, and best practices, enabling them to guide organizations in maximizing the benefits of Workday Financial Management. This focus and expertise ensures that the organization avoids common accounting pitfalls and uses the platform to its full potential.    

Ability to Drive Change Management and User Adoption

Leveraging Workday Financial Management often requires significant changes in accounting processes and workflows. Workday Accounting Staff should have the change management skills to assist users in understanding and embracing change to continuously ensure accurate accounting and improved productivity.

Desire for Continuous Learning and Skill Development

Workday Accounting Staff should want to stay updated with the latest Workday releases, features, and industry best practices. This expertise enables them to assist your organization with recommendations on how to optimize and improve your Workday Financial Management tools, with new workflows and functionality. A focus on continuous learning by your Workday Accounting Staff will help your organization stay competitive while adapting to ever evolving accounting rules and tax laws.

Ability to Collaborate Cross-Functionally

Workday Accounting Staff should be able to easily collaborate with professionals from various teams, including HR, Finance, IT, Sales, Project Management, and others. This collaboration enhances your organization’s ability to optimize a variety of business functions from Revenue Management and Financial Planning to Audit and Reporting.

Critical Thinking and Problem Solving

Workday Accounting Staff require robust critical thinking and problem-solving abilities to tackle complex accounting challenges effectively. They must understand the appropriate accounting rules and laws, know how to apply them ethically and be able to forecast and interpret outcomes to facilitate deeper understanding and informed decision-making.

Attention to Detail

Attention to detail is critical in accounting since Workday Accounting Staff must maintain high levels of accuracy and precision. They must meticulously monitor for and identify errors or inconsistencies in financial data and address them promptly, thereby fostering trust in the reports they provide.

Effective Communication

Effective communication skills are essential for Workday Accounting Staff to be successful as they must be able convey financial and accounting information clearly to stakeholders. They should be able to translate technical accounting jargon into layman’s terms and make complex accounting concepts accessible to non-financial audiences thereby enabling stakeholders to make informed decisions.

How to Hire Workday Accounting Staff

How to Hire Workday Accounting Staff

Develop a Comprehensive Candidate Profile

Before starting the hiring process, firms need to first define the attributes and qualifications required of the new Workday Accounting Staff. Consider factors such as the ones discussed above as well as educational background, years of experience, and industry-specific knowledge relevant to the role.

Write a Skill-Based Job Description

Once the need and expectations are established, hiring managers should partner with their HR team to create a clear and concise job description outlining the full responsibilities and qualifications expected from the new Workday Accounting Staff. Start by emphasizing essential technical skills but don’t forget to highlight the necessary soft skills such as communication, critical thinking, and time management.

Use Pre-Screening Tools

Consider using pre-screening tests or assignments to evaluate any potential candidate’s skills. These assessments may include exercises related to data analysis, accounting processes, or problem-solving. Incorporating real-world scenarios can provide insights into candidates’ practical knowledge, abilities, and attitude.

Interview Exceptional Candidates

For those candidates that successfully make it through the pre-screening phase, conduct comprehensive interviews to further assess their technical proficiency, problem-solving aptitude, and communication skills. During this process, pose specific questions about candidates’ prior accounting experience projects and their approach to overcoming challenges. Additionally, utilize behavioral interviews to evaluate candidates’ soft skills, such as teamwork and decision-making.

Selecting the Best Candidate

Once interviews are complete, evaluate the remaining potential candidates based on their qualifications, experience, and cultural fit. Consider factors such as teamwork, communication, and leadership abilities during the selection process. Additionally, involve some of your existing team in the selection process to ensure compatibility with current staff and to foster a collaborative work environment.

Choose VALiNTRY as Your Trusted Workday Accounting Recruitment Partner

By now, you should agree that hiring the right Workday Accounting Staff is critical for achieving accurate financial management and driving organizational success. But, if you’ve read the above and realized you don’t have the internal resources or bandwidth to successfully recruit the best Workday Accounting Staff for your firm on your own, VALiNTRY is here to help!
Let us put our nearly 40 years of collective Finance & Accounting recruiting experience to use and help you find the best Workday Accounting Staff for your organization. We understand the challenges of finding qualified, onshore Workday Accounting talent and we know how to find the perfect fit for you.

Contact us today to discover how VALiNTRY can become your preferred Workday Accounting recruiting partner!

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